Many of us are relatively familiar with the notion that stories should be expressed in terms of value deliveredand how important the “Why” is for being able to maximize the outcome for the customer. In other words, the project outcome can be a reflection of delivering what is needed rather than what is asked for by the customer. Because of this, there are so many projects that never see the light of day or are ever used because they don’t meet the true need. In addition to this, when we talk about good stories, we often refer to the term “INVEST” (Independent, Negotiable, Valuable, Estimable, Small, Testable)as a means of…

The emergence of global business environments drives companies to become world-class. Executives within companies can play a crucial role in achieving a high level of effectiveness and world class efficiency. There are many academic studies that focus on the organizational and managerial factors that drive organizational competitiveness. Information technology is one such area that plays a critical role and is a strategic prerequisite for business success in today’s knowledge-based economy. In this article, I place a new emphasis on information technology, because of its ease of implementation by executives at all levels of the organizations. Executives can implement information technology to build effective learning companies that can create innovations timely…

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Leaders play a critical role in technology and fundamentally affect the way corporate functions run. Look at Steve Jobs, who dramatically changed Apple Computer, Inc., and fundamentally built a different organization. He created a more effective organization built upon challenging the company norms and continuing to fundamentally change. Elliot and Simon in their book, The Steve Jobs Way: iLeadership for a New Generation, state that Steve Jobs could build a highly effective organization through taking a change-oriented leadership approach, which highly manifested itself in product. The evidence from these studies suggests that leadership can help organizations to thrive technology in order to achieve a higher degree of effectiveness. In the…

One scholar that is well known in the Academy of Management, one of the largest leadership and management organizations in the world by the name of Senge highlights the importance of knowledge for organizations. Senge says that successful organizations enhance their competitiveness by managing knowledge. It is important for executives to consider the ownership of knowledge as a factor which is a significant contributor to the knowledge of organizations. Knowledge emerges in two additional forms, including the knowledge that is only accessible by one company (private knowledge) and the knowledge that is accessible to all companies (public knowledge). Contrary to private knowledge, public knowledge differs in that it is not…

Today‘s globalized nature of competitiveness is placing more pressure on organizations to employ effective leaders, males or females, who are capable to improve employee engagement within companies. There are many academic studies that focus on the managerial factors that drive employee engagement. Information technology is one such area that plays a critical role and is a strategic prerequisite for business success in today’s hypercompetitive environment. Executive that manage knowledge and use it as an important driving force for business success find their organization to be more competitive and on the cutting edge. However, knowledge management implementation in organizations is determined by a set of critical success factors, one of which…

In the past, analysts considered the 3R’s – the right data, at the right time, for the right people – as core principles driving enterprise business intelligence. However, this approach is no longer sufficient, as it only considers the information companies can gather themselves – internal and historical data they cannot change. To compete in today’s fast-paced world, executives need to shift their thinking. With increased competition and greater noise due to the vast amounts of data now available, companies need to discern what internal and external data adheres to the new 3R’s for long-term success: Relevant Real Time Repeatable Relevant data means companies must look beyond their historical sales,…

The proliferation of wireless networks in industrial plants and facilities has provided substantial benefits to end users in the form of improved operations, but has also raised some potential issues. Fortunately, these can be addressed by correct network design, aided by software-based tools. These tools help users design networks correctly, monitor networks through their lifecycle, and troubleshoot problems. Although this column will focus on WirelessHART®, the world’s leading industrial wireless network for industrial IoT applications, many of the principles espoused are applicable to other types of wireless RF networks used in industrial plants and facilities. WirelessHART is supported by dozens of vendors and administered by the independent FieldComm Group organization…

As security concerns mount domestically and abroad, databases are becoming a potent tactical tool, and a growing number of companies are arming the frontline with biometric tools to help identify threats and persons of interest. Down the road, these biometric tools may not only be useful at the tactical edge of national security, but may also have a home as a complement to conventional IT security as well. One of the biggest pushes to advance biometric information in security came in 2015, when the FBI modernized a 15-year-old fingerprint system with the Next Generation Identification (NGI) System. This improved biometrics system cost over $1.1 billion, effectively replacing the 1990s vintage…

Approaching the new General Data Protection Regulation (GDPR), effective from May 2018, companies based in Europe or having personal data of people residing in Europe, are struggling to find their most valuable assets in the organization – their sensitive data.Approaching the new General Data Protection Regulation (GDPR), effective from May 2018, companies based in Europe or having personal data of people residing in Europe, are struggling to find their most valuable assets in the organization – their sensitive data.The new regulation requires organizations to prevent any data breach of personally identifiable information (PII) and to delete any data if some individual requests to do so. After removing all PII data,…

As an IT infrastructure software vendor selling a strategic solution, we routinely have access to strategic plans FROM CIOs of Global 2000 and Fortune 500 companies. We have absolutely seen a shift in the past two years, in particular, to embrace Digital Transformation directly in the strategic plan. Every CIO is either driving disruption or reacting to disruption in their industry. Those that are not are either out of work or in a dying company. We primarily see a PowerPoint presentation laying out three goals: Goal 1: embrace a new technology type based on the industry. This might be cloud for centralized IT (HPC situations, financial or technical data processing),…